March 20, 2020

How important is it to be happy at work?

How supportive are you of your employees’ wellbeing? New research from CV-Library claims that two-thirds of Brits (61.7 percent) say being happy at work is the most important part of a job, but 87.9 percent feel their employer could do more to improve morale in the workplace.

What’s more, the study, which surveyed 2,300 UK professionals, suggests that Brits think being happy is more important than salary (22.1 percent) and location (15.5 percent) when it comes to work. Interestingly, being happy in their job was also more important for women (66.4 percent) than men (58.7 percent), as well as for 55-64-year olds (66.9 percent) and 45-54-year olds (64.8 percent). (more…)

March 19, 2020

Routine admin tasks hamper collaborative work

by Jayne Smith • News

On average, business and IT decision makers from UK organisations waste 27 percent of their time at work on valueless tasks claims research from Vanson Bourne, commissioned by Dropbox in a report called The State of Collaboration. The study claims that monotonous admin is starving UK businesses of innovation. (more…)

March 18, 2020

Job satisfaction could be down to having a diverse team of people with which you work

by Jayne Smith • News, Working culture

Working in multidisciplinary teams makes work more enjoyable and means that customers receive a better service claims new research from Nyenrode Business University. Dr. Mike Hoogveld conducted a large-scale survey and completed a case study at four major energy suppliers suggesting that agile leadership also leads to greater job satisfaction. (more…)

March 18, 2020

One million young workers set to leave London before turning 33

by Jayne Smith • News, Property

The number of young workers leaving London is on the rise, with net migration away from the capital growing, claims new research from Totaljobs and Professor of Economics at Lancaster University, Geraint Johnes. The new research, taken from analysis of ONS data as well as the views of 2,000 Londoners, suggests that since 2014, more than one million professionals have left London, with just 900,000 coming in. This is a net loss of 88 workers every day, with the biggest shortfall down to workers aged 25-34, the majority (54 percent) of them having given up hope of ever owning property in the capital. There has been a 49 percent increase in outbound migration of those in their 30s over the last five years. (more…)

March 16, 2020

Employee confidence plunges amid economic and workplace uncertainty

by Jayne Smith • News, Working culture

Employee confidence in U.K. business conditions has fallen to its lowest level on record on the back of Brexit and rising fears around the coronavirus, according to Gartner, Inc. Gartner’s latest Global Talent Monitor report claims that the U.K. business confidence fell to an index score of 44.5 in 4Q19, a decrease of over 11 index points from 4Q18. The figure puts the U.K. more than 6 index points below the current global average. (more…)

March 16, 2020

Workplace transformation decisions shifting from HR to senior management

by Jayne Smith • News, Working culture

Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys, have published a global research report titled, ‘Drive Change from Within.’ The research claims that CEOs are now prioritising on driving a workplace transformation roadmap and contributing to its development in the organisation. (more…)

March 16, 2020

Higher female state pension age causes an increase in older women at work

by Jayne Smith • News, Working lives

The number of women aged between 60 and 64 in work has increased by 51 percent since the 1995 Pensions Act came into effect which increased the female state pension age from 60 to 65 since 2010, claims research from Rest Less, a jobs, volunteering and guidance site for the over 50s.

Between October and December 2009, there were 644,674 women aged between 60 and 64 in work. In the same period in 2019, there were 976,376 women aged between 60 and 64 in work – an increase of 331,702 or 51 per cent. This contrasts with an increase of only 127,882 (or 13 percent) in the number of men working aged between 60 and 64 over the same period. (more…)

March 13, 2020

Digital transformation becomes number one skills issue

by Jayne Smith • News, Technology

Organisations across Europe are facing a skills challenge caused by digital transformation, with many struggling to keep pace with learning and development (L&D) needs, claims research from Skillsoft. Carried out in the UK, France and Germany, the research suggests that reskilling in the face of changing and increasingly digital working environments is the biggest single issue for L&D professionals across all three countries (42 percent of respondents on average). (more…)

March 12, 2020

Workers and employers differ on progress towards workplace equality

by Jayne Smith • News

A gap exists between the way leaders and employees view progress toward equality in their organisations, according to new research from Accenture. Closing the gap will yield benefits for companies and their employees. The report, “Getting to Equal 2020: The Hidden Value of Culture Makers,” which includes research across 28 countries, claims that organisations are at an inflection point. Today’s UK workforce cares increasingly about workplace culture and believes it is critical to helping them thrive in the workplace (reported by 80 percent of women and 66 percent of men), and a majority of leaders (62 percent) believe an inclusive workplace culture is vital to the success of their business. (more…)

March 11, 2020

Office politics major source of work related stress

by Jayne Smith • News, Working lives

Perkbox commissioned a new study of 1,815 employed people to present a examination into the changing landscape of work-related stress in 2020. The study compared results to 2018 data in order to identify how sources of work-related stress and the solutions offered by employers are changing. The study claims that 79 percent of adults in employment commonly experience work-related stress. (more…)

March 11, 2020

Does an employee representative on the board mean reduced CEO pay?

by Jayne Smith • News, Working culture

Having an employee representative on the director’s board has absolutely no impact on reducing the pay level of the company’s CEO, according to research from Vlerick Business School. This research claims that contrary to the belief that employee representation on the board reduces high profit margins and greater controls the remuneration of CEOs, giving more ownership and finances to a company’s employees. (more…)

March 11, 2020

Half of strategic decision making in organisations fails

by Jayne Smith • News

More than half of all strategic decisions made by directors turn out to be wrong according to new research, conducted by PHD student Joep Steffes at Nyenrode Business University. This is due to time constraints, not having all of the information, and bias which often causes directors to make important decisions that are not based on reason but ‘gut’. These decisions, which could be deciding not to enter a new market or to pursue a merger, require more thought than your average decision – a director can’t simply rely on automatic actions, speed, and intuition. (more…)